NZD: Moderately Pressured, Trims Monday's Gain
May-09 02:19
NZD/USD prints at $0.6330/35, the pair is down ~0.2% today.
- The NZD has trimmed some of Monday's gains, the kiwi was the strongest performer in the G-10 space at the margins. Support has come in below $0.6330 and losses have been marginally pared.
- AUD/NZD is ~0.1% firmer and has moved above the $1.07 handle. The pair continues to seesawing around $1.07 in a narrow range.
- NZD/JPY has ticked lower, the pair is down ~0.2% after printing a fresh year to date high on Monday.
- Apr Card Spending rose 1.0% M/M, the prior number was revised downwards to 2.3% M/M from 3.1% M/M. Retail Card Spending held steady in April at 0.7% M/M.
- Cross asset wise, e-minis are down ~0.1% and commodity prices have eased with the Bloomberg Commodity Index down ~0.4%. BBDXY is up ~0.1%
- Looking ahead we have April Food Prices On Thursday, April Manf. PMI and Q2 Inflation Expectations on Friday.
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
MNI: US BANK DEPOSITS DECLINED BY $65B WEEK ENDING MARCH 29
Apr-07 22:03
- MNI: US BANK DEPOSITS DECLINED BY $65B WEEK ENDING MARCH 29
- FED DATA: SMALL BANK DESPOSITS INCREASED $1.5B WEEK OF MARCH 29
- FED DATA: LARGE BANK DEPOSITS DECLINED $40B WEEK OF MARCH 29
MNI: US FEB CONSUMER CREDIT +$15.3B
Apr-07 19:00
- MNI: US FEB CONSUMER CREDIT +$15.3B
- US FEB REVOLVING CREDIT +$5.0B
- US FEB NONREVOLVING CREDIT +$10.3B
STIR: UPDATE BLOCK, Jun'23 SOFR Structure
Apr-07 14:53
Volume update, package Blocked at 0930:52ET to 1028:13ET ref 95.06:
- -10,000 SFRM3 95.25/95.50 call spds, 2.5 to 3.25 vs.
- +10,000 SFRM3 94.93/95.00 put spds, 2.5 to 3.0
